Issue - meetings

Changes and Update of Scheme for financing schools

Meeting: 10/07/2019 - Schools Forum (Item 62)

62 Changes and Update of Scheme for financing schools pdf icon PDF 150 KB

To receive a report containing details of changes on the scheme for financing schools.

Minutes:

Coral Miller presented the 2019/20 Update of Scheme for Financing Schools report (for maintained schools). 

 

Coral Miller stated that maintained schools Forum Members were asked to approve the changes suggested to the Scheme for Financing Schools, taking note of those directed by the Secretary of State, and approving those subject to local discretion.

 

Coral Miller stated that there were minor changes in the report.  However, one of the main changes was that loans to schools now could only be for capital or investment.  This made it more difficult for the Local Authority to support schools deficits.

 

Upon being put to the vote, the representatives from maintained schools voted in favour of the changes.

 

RESOLVED That the suggested changes to the Scheme for Financing Schools be approved.